Britam Holdings Ltd : FY profit before tax of 4.2 billion shillings versus loss of 1.2 billion shillings year ago . FY net earned premiums of 17.4 billion shillings versus 16.4 billion shillings year ago . Recommends payment of dividend of 30 cents per share Source: http://j.mp/2mzfvmT Further company coverage: [BRIT.NR] (Bangalore.email@example.com).
Britam Holdings Ltd : Says Co shareholders have approved acquisition of 10. 37 percent stake in the Co by the International Finance Corporation (IFC) . International Finance Corporation will inject 3.55 billion shillings to buy 224,187,697 million ordinary shares of Britam at 15.85 shillings per share . Says as a result of acquisition, the issued share of capital of Britam will increase by 11.6 percent . Subscription is expected to be completed in second quarter of 2017 Further company coverage: [BRIT.NR] (Bangalore.firstname.lastname@example.org).